Summary

Portrait of Morrison Waite Morrison Waite Ex Parte Schollenberger — Opinion of the Court

So, as in this case, if the legislature of a State requires a foreign corporation to consent to be 'found' within its territory, for the purpose of the service of process in a suit, as a condition to doing business in the State, and the corporation does so consent, the fact that it is found gives the jurisdiction, notwithstanding the finding was procured by consent. The essential fact is the finding, beyond which the court will not ordinarily look.
A corporation cannot change its residence or its citizenship.
Source: Wikisource

Portrait of Morrison Waite Morrison Waite Ex Parte Schollenberger — Opinion of the Court

States cannot by their legislation confer jurisdiction upon the courts of the United States, neither can consent of parties give jurisdiction when the facts do not; but both State legislation and consent of parties may bring about a state of facts which will authorize the courts of the United States to take cognizance of a case. Ex parte McNeil, 13 Wall. 236. Thus, if the parties to a suit, both plaintiff and defendant, are in fact citizens of the same State, an agreement upon the record that they are citizens of different States will not give jurisdiction.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature